List Search

4803 S Henderson St
Seattle, WA 98118 Dunlap

$5,800,000 USD

Apartments For Sale  •  31,392 SF

Property Details

  • Property Type Apartments
  • Total Building Size 31,392 SF
  • Lot Size 0.76 AC
  • Building Class C
  • Year Built 1962
  • Cap Rate 4.52 %
  • Zoning NC3-55(M)
70 Transit Score
60 Walk Score

Highlights

Approximately one-third of the units have been updated, while the remaining units offer renovation upside.
Approximately 3,500 SF of basement space provides the opportunity to add additional units (buyer to verify).
Double-pane vinyl windows (2009), roof replaced (2010), upgraded Square D main electrical service (2009), and Square D/Cuttler Hammer in-unit panels.
Less than one-half mile from the Rainier Beach light rail station with convenient access to Downtown Seattle, Bellevue, and major employment centers.
39 dedicated parking spaces enhance tenant appeal and provide additional revenue opportunities.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $262,166 USD (2026)
Cap Rate: 4.52 %
Total Expenses: $312,964 USD

Amenities

  • 24 Hour Access
  • Balcony
  • Disposal
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Bicycle Storage
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.3 mi
13 min - 6.4 mi
Transit/SubwayDriveWalkDistance
ST Light Rail & Rainier Beach Station (NB) (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 7 min 0.3 mi
Rainier Beach (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Seattle-Tacoma International 18 min - 8.0 mi
Seattle Paine Field International 48 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Nick Hemming 425-327-9320 Paragon Real Estate Advisors
Nick Hemming 425-327-9320 Paragon Real Estate Advisors